1.5792 Will have to stay intact along with the 50 Day moving average Light blue line
a break below RR 1.5431 will further extend our bias to 1.618 target of 1.5030/40 area.
Must admit markets have been wild, and difficult to read at times, but will stick to the plan and see what happens.
Keep risk tight and manageable and. don’t do anything stupid! :-0
More to follow p.s this is a weekly chart
i'VE ADDED A DAILY POSEIDON LINE TO SHOW ALTERNATIVE POSEIDON PATH WAY BELOW
ALT COUNT
Slight adjustment .. I believe the £ and the euro has it in them to rally against the usd Simple becasue of the austerity measure taken here in the uk and 4 the euro they can't afford 4 it to fail and thats that. If it does then thats a world war.. the message is we are 1 or it will cause a domino effect. and were all done for.
pLEASE ADD COMMENTS TELL WHAT YOU THINK.. CHEERS :-)
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